See Inside Michael Phelps's New $2.5 Million House

When you have 23 Olympic gold medals and a reported net worth of $55 million, you can live anywhere. Michael Phelps chose to settle down in Scottsdale, Arizona, where he recently dropped more than $2.5 million for a 6,010-square-foot home.

The five-bedroom property sits on almost an acre of land near Arizona State University, where the 31-year-old Phelps plans to coach the swim team. There's a huge pool, naturally, and—somewhat strangely, considering Arizona weather—four fireplaces, including one in the master bedroom and one in the backyard.

The house was built with European Concha stone and imported hardwood floors.

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The house is 6,010 square feet.

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The kitchen has a marble center island.

We can imagine Boomer sidling up to the bar for his breakfast.

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The master suite has one of four fireplaces.

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The pool is appropriately sized for a 23-time Olympic gold medalist swimmer.

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The property is full of fruit trees.

"Our backyard looks right at Camelback Mountain," Phelps said in a January interview after he purchased the Arizona house. "You go outside in our backyard and we have orange and tangerine and lemon and lime and peach and apple — all these different fruit trees growing in our backyard."

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Phelps has called the decor "kind of a grayish theme."

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One bathroom features his-and-hers sinks, a chandelier, marble flooring, shower, and a tub.